Property Features
Prime Mixed-Use Investment | ±R640,000 Net Annual Income
Exceptional high-yield mixed-use investment opportunity in Mindalore/Witpoortjie, offering strong, diversified income and long-term stability.
This well-maintained property comprises:
* 16 studio apartments, each with an en-suite bathroom and kitchenette
* 8 ground-floor retail units with established tenants
* On-site caretaker responsible for maintenance and rent collection
The building is structured for efficient, low-maintenance operation, with a reliable tenant base and consistent rental demand.
INCOME BREAKDOWN
Residential Income: R39,500 per month
Retail Income: R38,800 per month
Electricity Recovery: ±R16,000 per month
Gross Monthly Income: R94,300
Net Monthly Income: ±R53,500
Net Annual Income: ±R642,000
INVESTMENT HIGHLIGHTS
* 15.2% net yield at the asking price
* 24 income-generating units providing diversified income
* Strong mix of residential and retail tenants
* High-volume borehole with filtration system
* Well-maintained structure with key upgrades completed
* On-site caretaker ensuring smooth day-to-day operations
WHY THIS PROPERTY STANDS OUT
The combination of residential and retail income creates a balanced and resilient investment. Utility recoveries enhance overall returns, while the number of units reduces vacancy risk.
This is a proven income-generating asset suited to investors focused on strong monthly cash flow and long-term stability.
High-yield opportunities at this level are limited.
Contact us for a full financial breakdown or to arrange a viewing.
+27 (0)82 567 0735
+27 (0)11 467 1211
whatsapp agent
ryan@ryansrealty.co.za
ryan@ryansrealty.co.za
View all agent properties
+27 (0)72 143 3992
+27 (0)11 467 1211
whatsapp agent
tamryn@ryansrealty.co.za
tamryn@ryansrealty.co.za
View all agent properties